Sir Mekere Morauta calls for ‘genuine government effort’ to resolve K2 billion dispute, IFC approves credit facility and Manus business leaders want to be treated as a ‘special case’, if detention camps close. Your weekly digest of the latest business news.
Total SA Chairman says company is planning to commence construction of LNG plant in 2018, Ramu NiCo ordered to stop operating nickel mine and Harmony Gold reports ‘continuing exploration success.’ Your weekly digest of the latest business news.
Local landowner companies benefit from PNG LNG project, PNG Government takes Woodlark stake, and Buka Airport disrupted by shut down. Your weekly digest of the latest regional business news.
Bougainville’s Autonomous Government moves closer to issuing mining licences, tuna stocks down to 16% of original size and foreign shareholding of NNBPOL won’t exceed 49 per cent. Your weekly digest of the latest business news.
A state of emergency declared in Porgera over illegal mining, O’Neill promises to cancel illegal forestry leases and second LNG train about to begin production. Your weekly digest of the latest business news.
A budget deficit for Papua New Guinea but the ADB forecasts massive growth in 2015. Meanwhile, nickel production looks set to rise. The week’s business news in brief.
Sonja Heydeman discovers Madang Resort on the northern coast of mainland Papua New Guinea, as part of our series on the country’s most attractive tourist spots.
PNG’s current economic upturn has involved a notable increase in foreign direct investment from Asia.